China Iron Ore Price Hovers Higher, HRC and Billet Steady

by on

Chinese steel prices were flat for the day, while the China price of iron ore 58% fines from India kept slightly above its recent range.

* Get the complete prices every day on the MetalMiner IndX℠

The price of Chinese HRC showed little movement last Friday. The price of Chinese coking coal remained essentially flat.

Also on the LME, the cash price of steel billet held steady around $125.00 per metric ton. On the LME, the 3-month price of steel billet showed little movement last Friday, hovering around $155.00 per metric ton.

The US HRC futures contract 3-month price held steady last Friday, remaining around $605.00 per short ton. The spot price of the US HRC futures contract saw little change in its price last Friday at $637.00 per short ton.

FREE Download: The latest Monthly MMI® Report – covering the Steel/Iron Ore markets.